Sprint Hedges Its Bets With Suit Against ATT/T-Mo Merger

Started by ECTNews, Sep 10, 2011, 05:02 AM

ECTNews

 Sprint Nextel filed a lawsuit Tuesday to block the proposed $39 billion merger of rival wireless carriers AT&T and T-Mobile. The move by Sprint appears to be a tactical one aimed at protecting the company's options should the deal be approved by the federal government. Sprint's lawsuit was filed less than a week after the U.S. Department of Justice filed a similar action to block the merger. Despite Justice's lawsuit, the government still could hash out a deal with AT&T for a merger, explained Dave Saldana, a civil liberties attorney and communication director for Free Press.

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